Zacks Research Has Weak Outlook for Honda Motor Q1 Earnings

Honda Motor Co., Ltd. (NYSE:HMC - Free Report) - Equities research analysts at Zacks Research dropped their Q1 2027 earnings per share estimates for shares of Honda Motor in a research note issued on Monday, June 23rd. Zacks Research analyst R. Department now anticipates that the company will earn $1.27 per share for the quarter, down from their previous forecast of $1.29. The consensus estimate for Honda Motor's current full-year earnings is $3.99 per share. Zacks Research also issued estimates for Honda Motor's Q2 2027 earnings at $1.07 EPS, Q3 2027 earnings at $1.28 EPS, Q4 2027 earnings at $0.94 EPS and FY2027 earnings at $4.56 EPS.

HMC has been the topic of several other reports. Wall Street Zen cut Honda Motor from a "hold" rating to a "sell" rating in a report on Saturday, May 24th. Dbs Bank cut Honda Motor from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 14th. Sanford C. Bernstein began coverage on Honda Motor in a report on Monday, April 14th. They set a "market perform" rating on the stock. Finally, Macquarie cut Honda Motor from an "outperform" rating to a "neutral" rating in a report on Wednesday. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold".

Honda Motor Stock Up 3.1%

HMC stock traded up $0.91 during midday trading on Thursday, hitting $29.72. The company's stock had a trading volume of 1,204,381 shares, compared to its average volume of 1,073,389. The firm's 50-day moving average is $29.73 and its 200-day moving average is $28.61. The company has a market cap of $46.38 billion, a PE ratio of 8.51 and a beta of 0.51. The company has a current ratio of 1.36, a quick ratio of 1.07 and a debt-to-equity ratio of 0.55. Honda Motor has a 12 month low of $23.41 and a 12 month high of $33.72.

Honda Motor (NYSE:HMC - Get Free Report) last released its quarterly earnings data on Tuesday, May 13th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.54). The business had revenue of $36.25 billion during the quarter, compared to the consensus estimate of $5,371.99 billion. Honda Motor had a net margin of 3.82% and a return on equity of 6.33%.

Hedge Funds Weigh In On Honda Motor

A number of institutional investors have recently bought and sold shares of HMC. Murphy & Mullick Capital Management Corp bought a new position in Honda Motor in the 4th quarter worth $26,000. Bessemer Group Inc. raised its holdings in Honda Motor by 460.2% in the 1st quarter. Bessemer Group Inc. now owns 1,098 shares of the company's stock worth $30,000 after purchasing an additional 902 shares during the period. Rothschild Investment LLC raised its holdings in Honda Motor by 50.4% in the 1st quarter. Rothschild Investment LLC now owns 1,245 shares of the company's stock worth $34,000 after purchasing an additional 417 shares during the period. National Bank of Canada FI raised its holdings in Honda Motor by 277.7% in the 4th quarter. National Bank of Canada FI now owns 1,809 shares of the company's stock worth $52,000 after purchasing an additional 1,330 shares during the period. Finally, Farther Finance Advisors LLC raised its holdings in Honda Motor by 70.1% in the 4th quarter. Farther Finance Advisors LLC now owns 1,868 shares of the company's stock worth $53,000 after purchasing an additional 770 shares during the period. 5.32% of the stock is owned by institutional investors.

Honda Motor Company Profile

Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses.